Plunging oil price to reset global defence budgets: IHS
London (AFP) Dec 19, 2014 -
Global defence spending is likely to remain constant for the next two
years as tumbling oil prices cut the budgets of Middle East exporters,
but swell the coffers of Asia-Pacific importers, defence analysts IHS
said Friday.
With Brent crude recently falling below the symbolic $60 dollar (48.8
euros) mark - a 50 percent drop since mid-June - the defence budgets of
countries in the Middle Ea ...
morehttp://www.spacewar.com/reports/Plunging_oil_price_to_reset_global_defence_budgets_IHS_999.html
Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
No comments:
Post a Comment